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Dealership groups continued to build on their early-year successes in the third quarter but struggled to sustain profits from 2022.

Dealer groups show resilience in Q3 despite profitability pressures

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Dealership groups across the U.S. broke multiple performance records in the third quarter, highlighting retail automotive's unanticipated resilience in the post-pandemic era. Lithia & Driveway...
Asbury Automotive

Asbury Automotive Group adds eight more storefronts in Stevinson acquisition

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The M&A activity continues at a feverish pace in the automotive sector, and Asbury Automotive Group is making yet another acquisition. They’ve completed the...

Dealership M&A activity reaching feverish pace in third quarter

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For all of 2021, dealership sales, group mergers, and acquisitions have been occurring at a pace that defies convention. These profit centers have the...

CBT automotive newscast: April 28, 2021

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Featured Interview: How consistent processes can increase revenue in the service department - Don Reed Dealers are beginning to see increased profits and revenues in their...
Newscast

CBT Automotive Newscast: August 26, 2020

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Today's Featured Interview: CEO Alex Goldfayn Discusses Key Communication Strategies to Generate More Sales Many of our personal and professional lives have been altered since the...
driving assistance

CBT Automotive Newscast: August 11, 2020

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Today's Featured Interview: CA Dealer Hilary Haron on Facing Inventory Concerns and Encouraging Women to Work in Automotive Recently, women have made progress towards gaining better...
auto retailers

A Glance at 2nd Quarter Results for Auto Retailers Across the...

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2020 has brought twists, turns, and challenges of every sort. Auto retailers have certainly felt the unpredictability as they’ve tried to navigate through the...
Erin Kerrigan

Erin Kerrigan Breaks Down the Revival of the Buy-Sell Market

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At this point, several publicly traded automotive groups including Lithia Motors, AutoNation, and Asbury Automotive reported an increase in earnings per share for Q2....
Ryan Kerrigan

Ryan Kerrigan Discusses the Canceled Asbury Acquisition and More Ways COVID-19...

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  As part of our ongoing Coronavirus coverage, we’re pleased to welcome back Ryan Kerrigan, buy-sell expert and Managing Director at Kerrigan Advisors. In this...
Asbury

David Hult to replace Craig Monaghan as Asbury Automotive’s President and...

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DULUTH, Ga., -- The Board of Directors of Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., today...